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Job Overview

The Actuarial Department plays a key role in helping our businesses grow profitably while successfully meeting ongoing business needs. Actuaries at Chubb have opportunities to develop expertise in a variety of roles including large account pricing, reserving, financial reporting, and catastrophe modeling. The Actuarial Student Program features exam/study support, a mentoring program, and rotation opportunities.

Responsibilities

  • Provides actuarial analysis to the organization by maintaining and reconciling accounts.
  • Provides support for annual rate evaluations of US books of business.
  • Provides support for quarterly/annual loss ratio study.
  • Tracks large deal performance on Monthly and Quarterly basis.
  • Assists in building Actuarial Rating Engines using Excel or other software. IT testing support for Actuarial Rating Engines implemented into Chubb Systems.
  • Assists Actuarial staff to price various coverages including obtaining relevant statistics.
  • Assists in preparation of actuarial filing documents for New Product filings.
  • Provides filing support to address state objections for Actuarial state submissions. – Tracks rate filing submissions and status across product/state.

Jessica Zack
Actuarial Analyst

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“The Early Career Development Program made the transition from college to career a seamless one. Coming from a non-business major, I was worried about my inexperience in the insurance industry. However, the program’s informative training sessions, frequent “Lunch and Learns” and engaging networking events taught me the fundamentals of insurance and gave me the strong foundation necessary for a successful career.”

Jeffrey Schmidt
Actuarial Professional Associate

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“The Early Career Development Program provided me with a fundamental knowledge of the insurance industry and allowed me to gain a coherent understanding of the business and hit the ground running. I’m grateful for my participation in the program as it has been an integral part in bridging the gap between college and establishing myself as a young professional here at Chubb.”